How did a group of traders collaborating online dramatically improve their trading results? An article that describes the community edge and the benefits of GTCs transparent trade sharing approach. The scientists at Northwestern University compare the behaviour of a loosely grouped set of 20% traders to fish! Fish collaborate when under pressure by forming schools. Profitable traders at hedge funds are found to leverage from constant interaction with fellow traders with observations, trades and feelings instantly communicated to the whole group via short messages. At GTC our Portal takes these concepts to its logical conclusion. Our community share trades, behaviour, biases, habits in real time and receive guidance, coaching and risk management. Coaches, traders and trainees have clearly defined roles that allow every single participant to benefit resulting in better profits as a group. Traders can share positions as well as broadcast their trading screens. This level of transparency helps many by introducing the concept of accountability. Andrew Los Adaptive markets Hypothesis
Posted on: Thu, 20 Mar 2014 11:14:51 +0000
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